2/21/13

Mariupol Ilyich Iron and Steel Works halts HDG line No 1

Mariupol Ilyich Iron and Steel Works, a subsidiary of Ukraine's largest vertically integrated mining and steel group Metinvest, has stated that it has stopped its HDG line No 1 due to repair works and unfavourable market conditions. The unit is scheduled to remain idle in February and will be restarted as soon as the market situation improves.
In January Ilyich produced 436,000 tons of crude steel, up by 6% month on month, and 357,000 tons of steel products, up by 11% MoM. (SteelGuru)